Ingka Group completed the acquisition of Made4net from Thompson Street Capital Partners.

Ingka Group, owner and operator of 482 IKEA stores and e-commerce in 31 counties, completed the acquisition of Made4net, a provider of end-to-end supply chain execution software, from Thompson Street Capital Partners, a private equity firm. Financial terms were not disclosed. "Our business currently requires a better fulfilment operations system with more accurate data that better supports handling for our customers. Our goal is to become leaders of life at home, serving more people in an omnichannel reality, whenever and however customers choose to meet us," Tolga Öncu, Ingka Group Head of Retail.